​​​​​​​​​​​​​​​​​​​​​​Objective​

Stress tests represent one of the regular supervisory tools that help to assess the resilience of the insurance sector to potential adverse market developments and to extract valid conclusions to support the stability of the financial system.

The 2016 exercise is tailored to assess the insurance sector’s vulnerabilities to a combination of market risk adverse scenarios. It will be based on a sample of solo insurance undertakings most vulnerable in a persistent low interest rate environment and a double hit scenario where, in addition to the low interest rates, the assets prices are also stressed. ​​

Timeline ​

​Date ​

​Activity

​13 April 2016​​

​Workshop with industry participants

​24 May 2016

Launch of an EU-wide Insurance Stress Test 2016​

​June 2016

Questions and Answers (weekly updates every Wednesday)​

15 ​July 2016

Submission deadline for industry participants to the national supervisory authorities (NSAs)​

​August 2016

​Collection and validation of undertakings’ data by the national supervisory authorities (NSAs)

Stress Test 2016 R​eporting Template​ (please use the most recent version above)​

​​01 June 2016

​Stress Test 2016 Reporting Template​ (updated v2) (please use the most recent version above)​​Automatic Updater ​for alrea​dy filled Templates​​ (please use the most recent version above)​

​24 May 2016​​

Stress Test 2016 R​eporting Template​ (please use the most recent version above)​

Questions & Answers on the Stress Test 2016​​

The centralised Q&A process was officially closed on 29th June, therefore no further updates will be published. Stress test participants can refer to their respective national competent authority (NCA) in case further clarifications are needed.